Please use this identifier to cite or link to this item: /library/oar/handle/123456789/104637
Title: Institutional management versus economic growth factors and equilibrium problems
Authors: Staniek, Zbigniew
Keywords: Economic development
Organizational effectiveness
Equilibrium (Economics)
Associations, institutions, etc. -- Management
Issue Date: 2022
Publisher: University of Piraeus. International Strategic Management Association
Citation: Staniek, Z. (2022). Institutional management versus economic growth factors and equilibrium problems. European Research Studies Journal, 25(s3), 167-184.
Abstract: PURPOSE: The aim of this article is to indicate the importance of effective institutional management in theory and practice. Economic growth potentials can be used in case of economic disturbances and changes in institutional balance.
DESIGN/METHODOLOGY: The article is of theoretical character, however is related to previous empirical research of the author and other representatives of institutional economics. This article is based on research methods used in institutional economics, related at the same time, with methodological issues of economic theory and management sciences.
FINDINGS: The concept of higher range institutional balance is crucial in view of discussed problems. It favors utilization of growth factors with simultaneous incorporation of chain and hierarchical relations in economics.
ORIGINALITY/VALUES: Development of institutional balance concept as a condition of balanced social and economic development expansion.
URI: https://www.um.edu.mt/library/oar/handle/123456789/104637
Appears in Collections:European Research Studies Journal, Volume 25, Special Issue 3

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